Pagaya, whose AI-powered service makes monetary transactions like lending extra environment friendly for banks, goes public in a SPAC merger at a valuation of ~$9B (Amrith Ramkumar/Wall Road Journal)

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Amrith Ramkumar / Wall Road Journal:

Pagaya, whose AI-powered service makes monetary transactions like lending extra environment friendly for banks, goes public in a SPAC merger at a valuation of ~$9B  —  Pagaya would mix with the SPAC EJF Acquisition and makes use of synthetic intelligence to enhance lending and different monetary processes


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